MINISTRY OF FINANCE, ECONOMIC AFFAIRS, 

  STATISTICS AND REVENUE,

  REVENUE DIVISION

  CENTRAL BOARD OF REVENUE

  ***

Islamabad, October 31, 2000

 

NOTIFICATION

  (INCOME TAX) 

                 S.R.O.   773   (I)/2000.- In exercise of the powers conferred by sub-section (2) of section 14 of the Income Tax Ordinance, 1979 (XXXI of 1979), the Federal Government is pleased to direct that the following further amendment shall be made in the Second Schedule to the said Ordinance, namely:-

                 In the aforesaid Schedule, in Part-IV, after clause (32C), the following new clause shall be inserted, namely:-

 "(32D)    The provisions of section 80D shall not apply to turnover of an individual, an association of persons, an unregistered firm  or a Hindu undivided family which qualify for Self Assessment Scheme made under sub-section (1) of section 59 for the assessment year 2000-2001.".

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[C.No.4(19)TP-I/91 Pt.V]

  (Mansoor Ahmed) 

Additional Secretary/Member (Direct Taxes)